Commercial Real Estate Market in Galloway, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
21 active listings and 273 off-market properties in Galloway, NJ. Commercial property asks $18/SF to buy and $15.00/SF/Yr to lease.
Market Trends
Galloway, NJ spans 42.1 square miles in Atlantic County, New Jersey. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Galloway, NJ asks $217/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Galloway, NJ runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Galloway, NJ runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Galloway, NJ asks $241/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Open space 50.5%
- Residential 30.4%
- Agricultural 5.7%
- Commercial 4.2%
- Industrial 2%
- Civic 1.8%
Largest Zones share of zoned land by district
Conservation
Residential
Neighborhood Residential
Agricultural
Residential Compatibility
Galloway, NJ zones 71,660 acres across 43 districts. Commercial zoning covers 4.2% of zoned land, residential 30.4%, open space 50.5% and industrial 2%. The largest single district is Conservation at 45.5%. For commercial buyers the practical constraint is that only 6.1% of land carries a commercial or industrial designation.
Conservation (CV)
Neighborhood commercial uses are permitted as a conditional use on lots fronting on Route 9, except in CV or floodplain zones, where not otherwise a permitted use. Such commercial uses may include gas stations, eating and drinking establishments and other uses which are shown to meet neighborhood needs. It is the intent of this section to allow neighborhood…
Market overview
Demographics & Economy
Galloway, NJ has 28,666 residents in 11,660 households. Density runs 681 people per square mile. Median household income here is $88,636 and median gross rent $1,527 a month.
28,666
Population
11,660
Households
2.5
Avg Household Size
43
Median Age
36%
College-Educated
91%
High-School Grad
42.1 sq mi
ZIP Area
681
Density / Sq Mi
$88,636
Median Household Income
$45,611
Median Earnings
$1,527
Median Rent
$263,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Absecon | — | — |
| Egg Harbor Township | — | $16.97 |
| Pleasantville | — | — |
Commercial property in Galloway, NJ asks $18/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Galloway?
Commercial property in Galloway, NJ asks an average of $18 per square foot. The 3 most recent recorded sales traded at a median of $170/SF. Multifamily carries the highest asking price at $241/SF.
How much does it cost to lease commercial space in Galloway?
Asking lease rates in Galloway, NJ average $15.00 per square foot per year.
What zoning applies to commercial property in Galloway?
Galloway, NJ zones 71,660 acres across 43 districts, of which 4.2% is commercial and 2% industrial. The largest single district is Conservation at 45.5% of zoned land. Neighborhood commercial uses are permitted as a conditional use on lots fronting on Route 9, except in CV or floodplain zones, where not otherwise a permitted use. Such commercial uses may include gas stations, eating and drinking establishments and other uses which are shown to meet neighborhood needs. It is the intent of this section to allow neighborhood… Residential zoning covers 30.4% and open space 50.5%.
Where does Realmo's Galloway market data come from?
Realmo compiles Galloway, NJ figures from 7 recent recorded sales, 16 active sale listings, 5 active lease listings, 273 tracked off-market properties, the current Galloway zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 16 active for-sale and 5 active for-lease listings in Galloway, NJ. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 71,660 zoned acres across 43 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
